Wells Fargo CEO heads to Congress amid claims that reforms are slipping
As the chief executive of Wells Fargo & Co. gets set to tell lawmakers that the bank is moving past its history of consumer abuses, a new report contends the embattled San Francisco financial institution is backsliding.
Some current and former employees said new customer-unfriendly sales incentives were replacing those eliminated after the bank's unauthorized-accounts scandal exploded three years ago, according to a report released Monday by the Committee for Better Banks advocacy group.
"As far as pressure, it's still there," said Meggan Halvorson, 35, who works in Wells Fargo's private mortgage banking division in Minneapolis and feels
